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hard to believe he has both tim geithner and john boehner. from the looks of it, john boehner does seem to be flabbergasted. we'll get to that shortly. >> eric: that is on "fox news sunday." later today, exclusive interview with speaker boehner. sunday at 2:00 p.m. and 6:00 p.m. right here on the fox news channel. >> jamie: well, there is a push by the senate republican leader mitch mcconnell as well to put medicare and social security on the table to try and the budget crisis we're talking about. mcconnell telling the "wall street journal" that those are the kind of things that would get republicans interested in new revenue. maybe bipartisan. john fund, a columnist for the "national review magazine." good morning. >> good morning. >> jamie: great to have you here this morning. >> thanks. >> jamie: we have less than a month left as we have been talking about went're now in december for the fiscal cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to g
hard to believe he has both tim geithner and john boehner. from the looks of it, john boehner does seem to be flabbergasted. we'll get to that shortly. >> eric: that is on "fox news sunday." later today, exclusive interview with speaker boehner. sunday at 2:00 p.m. and 6:00 p.m. right here on the fox news channel. >> jamie: well, there is a push by the senate republican leader mitch mcconnell as well to put medicare and social security on the table to try and the budget...
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especially since boehner does not want to increase tax rate at all. he wants the revenue from the closed loopholes and limited deduction. >> put a new deal on the table but tim geithner, does he say specifically where he sees the tax rate for the top earners going? >> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates for rich. >> you heard them for the first time i think in two decades now acknowledge that they are willing to have the revenue go up as part of a balanced plan. a good first step. they have to tell us what they are willing to do on rate and revenues. that is hard for republicans. >> secretary geithner says he cannot promise we will not go off the fiscal cliff. speaker boehner says he is going to do everything we can to avoid the cliff. but acknowledged there is a chance he canal stop it. jamie? >> eric: peter doocy comprehensive report. >> jamie: thank you. >> eric: presiden
especially since boehner does not want to increase tax rate at all. he wants the revenue from the closed loopholes and limited deduction. >> put a new deal on the table but tim geithner, does he say specifically where he sees the tax rate for the top earners going? >> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates...
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boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the republican party is it going through soul searching after the election and trying to find perhaps a way to remake itself. to be more appealing to the constitients. >> i think the republican party is in a defining moment. some say we have to give up on immigration that is not helping with hispanics and we can't have the social issues going on. but one thing that holds the party together and brings us all together. et cetera, is the fact that we stand for smaller government and less taxes. we believe the private sector is the way t
boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the...
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to boehner on thursday. boehner said, tells us, he was flabbergasted and said you can't be serious. it called for doublebe what the president talked about in public. not $800 billion in new revenue but $1.6 trillion in revenue. only $600 million in entitlement and spending cuts. well, that is not one to one or three to one. more revenue than spending cuts. they are really far away now. i understand negotiations. i understand opening bid. for first time, it occurred to me they might not get it done. >> you get a sense hearing from both of them that is a real possibility. what do you make of the negotiation of the tactic? it seems like what secretary geithner behalf of the president brought to the table. reports that senator mcconnell laughed out loud when he got the report. is it posturing and are both sides enfrenched they won't find middle ground? >> possibility. let me take the optimistic possibility here. that would be that with the white house demanding one $1 $1.6 trillion in revenue. gets to 1.2 or tri
to boehner on thursday. boehner said, tells us, he was flabbergasted and said you can't be serious. it called for doublebe what the president talked about in public. not $800 billion in new revenue but $1.6 trillion in revenue. only $600 million in entitlement and spending cuts. well, that is not one to one or three to one. more revenue than spending cuts. they are really far away now. i understand negotiations. i understand opening bid. for first time, it occurred to me they might not get it...
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the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's coming from loopholes. i think we can. >> he criticized governor romney's plan based on the premise there is
the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget....
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. >> but republicans led by house speaker john boehner said the president should quit campaigning and take care of business and some suggest that the president is playing a dangerous game of political brinksmanship. >> i think that the democrats and the president view it to their advantage to run the clock out and dangerously close by the end of the year. if there's a break through, in a short manner, takes a while to get proposals scored by the budget office and legislation drafted. if we were going to act on something until the end of the year, you can't wait until christmas day and hope to pass by new years day. >> reporter: and the latest round of political maneuvering involves pressure from nancy pelosi, democratic leader in the house, to be extend the middle class tax cuts, a bill approved by the u.s. senate. see where that goes. >> jamie: steve with the latest. thank you, kelly has more now. >> kelly: indeed we do. for more on the fiscal cliff stalemate. let's bring in angela mcglowan, and dick, from the south carolina democratic party. look, i've got the questions prepared and
. >> but republicans led by house speaker john boehner said the president should quit campaigning and take care of business and some suggest that the president is playing a dangerous game of political brinksmanship. >> i think that the democrats and the president view it to their advantage to run the clock out and dangerously close by the end of the year. if there's a break through, in a short manner, takes a while to get proposals scored by the budget office and legislation...
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john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion more, not less to the deficit in and new spending. to republicans with that kind of equivalent of lucy and the football and they are laying flat on their backs? >> republicans scoffed at this first foray from the white house. they thought was ridiculous. for the white house it was the first attempt, first specific plan we've seen since the election being put out there. it was frankly a wish list. john boehner acknowledges as much in his comments was that the white house would like to see. if we do get a deal before christmas it won't look anything like this. >> gregg: instead of meeting w
john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion...